Krispy Kreme (DNUT) tops Q1 earnings estimates after robust US performance

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Go back to Krispy Kreme (DNUT) tops Q1 earnings estimates after robust US performance

Krispy Kreme Reports Strong First Quarter 2023 and Reiterates Full Year Guidance

May 11, 2023 6:45 AM EDT

First quarter net revenue grew 12.5% with organic revenue growth of 14.4%
Points of Access grew by 12.5% to 12,410 and Ecommerce revenue grew 23%
GAAP net income of $1.6 million and Adjusted EBITDA of $54.9 million

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today reported strong financial results for the first quarter ended April 2, 2023. Net revenue grew 12.5% year-over-year to $419.0 million and organic revenue grew 14.4% led by robust performances in the U.S. and Market Development segments. Sales per Hub in... More

Krispy Kreme Declares Quarterly Dividend

May 10, 2023 9:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Directors of Krispy Kreme, Inc. (the Company or Krispy Kreme) (NASDAQ: DNUT) today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Companys dividend policy. The dividend was declared today, May 10, 2023. The dividend will be paid on August 9, 2023, to... More